📈Swiss startup plans to launch new exchange traded-product

Swiss startup Amun AG is planning to launch a new exchange-traded product that would track a basket of the top cryptoassets. The firm is seeking approval from SIX Swiss Exchange to list the new product that will allow investors to gain exposure to crypto without needing to own the underlying assets. Unlike some derivative products that just track prices, Amun will purchase or sell an appropriate amount of cryptoassets when investors buy or sell shares.

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